The Future Consumers

Currently, Millenials are dominating the communication of brands as consumers, but in a few years, their position will be shared with the children who are called Generation Z, in fact, they are taking a leading role increasingly in the decision purchase maked by their parents and sometimes by themselves.

We are starting to notice how these generation have significant differences with their predecessors, from their aspirations to their way of communication on the online enviroment which will change to a new status quo that certainly has to be analyzed in advance to adapt to their new trends.

That's why it is necesary to analyze the information that we have from them so, like the Millennial Generation, would be possible to define their characteristics and find the most effective way of communication.

The following infographic by Marketo shows the main differences of this generation and gives us a fairly broad context of how it is positioned within the mainstream media.

Source: Marketo

10 Habits of Generation Z

Generation Z, formed by all those who born from 1995 to 2010, is a challenge for companies because they have to be adapted to this new target and the new market trends. They have the peculiarity that they were born and grew up in an environment full of gadgets and new technologies, in fact, they have accustomed to find almost immediately what they are looking for through this new technologies.

This group represents 20% of the world's population and companies are studying the consumption behaviour of this group of young people because it is different from the Millennials buying behaviour.

In spite of being very similar to Millennials, this generation is changing its habits and using technology of its social surroundings more consciously than its predecessors, as the way it shows the following infographic developed by the website ticsyformación.

Source: ticsyformación.com

How generations react to mobile ads?

Mobile marketing is one of the latest advertising trends due to the accessibility to send messages in order to reach a particular target.

Each generation can react different when it comes to technological advances, thats why we have to understand in which platform and format we can reach our potential customers.

According to the latest Nielsen survey, ads which contain a coupon or promotion are preferred by Millennials, while the generation Z are attracted more for advertising in based on their searches.

The older generations are less attracted to this type of advertising so if the main goal is to catch the attention of Millennials or GenZ, certainly, the way is to work building our Brand bases and get engagement on Social Media, having a positive impact for your Company.

Fuente: Nielsen

Millennials vs Z Generation

Despite being two generations that can be very similar, there are specific charcteristics to each that differentiate them and can be detonating in any communication strategy so that they feel identified and attracted by our brand messages.

The following infographic developed by EYGM, shows in which we can notice different behaviors.

Digital Influence

Millennials are a generation that evolved with the digital transformation but had been grown with a influence of the previous generation which wasn't as digital as they are, thats why could easily be influenced by popular characters.

Hence, more than half of them still prefer that their favorite artist tell you that brand to buy or where to go, however the trend of real people tell them about real problems, trend that is preferred for their younger siblings Z generation, is increasingly the most used by brands

Consumer Behaviours

The use of cellular and digital technologies is another major differential, since being in contact with technology from the first minute is normal that Generation Z will to solve everything through this preferring the immediacy, efficiency and economy to use it It gives them.

Although this attitude for millennials purchase is not unknown, also they consider traditional shopping or those that start online but ends personally in the physical store as a good option.

Saving time and money is a priority for both generations, but we can say that for Generation Z there is nothing better than go aside with digital options.

Reference: EYGM